General Motors is a buy as its transition to electric vehicles gains steam, Berenberg says

A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. - General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity.
Jeff Kowalsky | AFP | Getty Images

General Motors shares could surge from here as the automaker's transition to electric vehicles ramps up, according to Berenberg.